Welcome!

.NET Authors: Yeshim Deniz, Elizabeth White, Corey Eng, RealWire News Distribution, Shelly Palmer

News Feed Item

Canadian General Investments: Investment Update-Unaudited

TORONTO, ONTARIO -- (Marketwired) -- 07/04/14 -- Canadian General Investments, Limited (CGI) (TSX:CGI)(TSX:CGI.PR.C)(TSX:CGI.PR.D)(LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2014 was $28.01, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 10.2% and 36.3%, respectively. These compare with the 12.9% and 28.7% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.

The closing price for CGI's common shares at June 30, 2014 was $19.21, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 5.8% and 34.0%, respectively.

The sector weightings of CGI's investment portfolio at market as of June 30, 2014 were as follows:


Energy                                 23.5%
Financials                             21.7%
Consumer Discretionary                 16.3%
Industrials                            15.1%
Materials                              11.5%
Information Technology                  5.8%
Telecommunication Services              3.0%
Consumer Staples                        1.0%
Utilities                               1.0%
Health Care                             0.8%
Cash & Cash Equivalents                 0.2%

The top ten investments which comprised 29.1% of the investment portfolio at market as of June 30, 2014 were as follows:


Dollarama Inc.                             4.4%
Enbridge Inc.                              3.4%
Canadian Pacific Railway Limited           3.4%
Bank of Montreal                           2.9%
Element Financial Corporation              2.6%
Air Canada                                 2.6%
Royal Bank of Canada                       2.5%
Raging River Exploration Inc.              2.5%
Methanex Corporation                       2.5%
Brookfield Canada Office Properties        2.3%

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.